Current:Home > FinanceIs Wall Street's hottest trend finally over? -InvestPioneer
Is Wall Street's hottest trend finally over?
View
Date:2025-04-12 19:35:51
WeWork, DraftKings, Lucid Motors. These are a few companies that have taken an untraditional route to go public through something called SPACs or special purpose acquisition companies. The obscure investment vehicle took off during the pandemic, but has since fallen back to earth. Today, we consider the rise and fall of SPACs and how recent rule changes will affect these deals.
Related episodes:
The SPAC is back
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
veryGood! (98113)
Related
- Trump suggestion that Egypt, Jordan absorb Palestinians from Gaza draws rejections, confusion
- Federal judge in lawsuit over buoys in Rio Grande says politics will not affect his rulings
- Nationals' Stone Garrett carted off field after suffering serious leg injury vs. Yankees
- BTK killer's Kansas home searched in connection to unsolved missing persons and murder cases
- As Trump Enters Office, a Ripe Oil and Gas Target Appears: An Alabama National Forest
- CIA stairwell attack among flood of sexual misconduct complaints at spy agency
- Police discover body in shallow grave in Vermont man's backyard
- Nike to sell replicas of England goalkeeper Mary Earps' jersey after backlash in U.K.
- Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills
- India and Russia: A tale of two lunar landing attempts
Ranking
- Small twin
- Starbucks Pumpkin Spice Lattes return; new pumpkin cold brew, chai tea latte debut for fall
- The Ultimatum's Brian and Lisa Reveal Where Their Relationship Stands After Pregnancy Bombshell
- Jennifer Lopez Debuts Blonde Highlights in Must-See Transformation
- Meet first time Grammy nominee Charley Crockett
- COVID hospitalizations climb 22% this week — and the CDC predicts further increases as new variants spread
- Pittsburgh shooting suspect dead after 6-hour standoff
- Watch Yellowstone wolves bring 'toys' home to their teething pups
Recommendation
The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10
Climate change hits emperor penguins: Chicks are dying and extinction looms, study finds
Keep 'my name out your mouth': Tua Tagovailoa responds to Ryan Clark's stripper comment
World Wrestling Entertainment star Bray Wyatt dies at 36
Nearly half of US teens are online ‘constantly,’ Pew report finds
US sues SpaceX for alleged hiring discrimination against refugees and others
World Series MVP Stephen Strasburg has decided to retire, AP source says
Indian Chandrayaan-3 moon mission makes history after landing near lunar south polar region